For 90% sure, US market will be in absolute bearish, and highly likely will enter into a new recession cycle despite the fact that majority people might think Fed would cut rate sharply to cure. Yet, I would rather think the US economy will experience "stagflation" ....i.e., inflation plus recession....
This is an excellent opportunity for China. China could possibly dominate the world economy if and provided that China could manage their internal bubble probably this time to avoid boiling out. China is mirroring to some extent like 80's Japan economy where Japan had no significant correction on 87 crash and at that time Japan is benefiting from its trade surplus against US economy like today's China.
So Lucky is that vast majority in China r still so ignorant on what sub prime crisis is outside. That may explain why pschologically speaking, they r still not so affected. Sometimes, stock market r all about psychology instead of fundamental. It's all the Investors' confidence, view, psychology and perception that shape the market, and ultimately, the fundamental, not vice versa
[ 本帖最後由 大冒險家 於 2007-8-16 23:54 編輯 ]
